Clear Street Launches Platform Offering Pre-IPO Access to Databricks
Fintech broker Clear Street is launching a new platform that offers accredited investors pre-IPO exposure to private companies, starting with AI software company Databricks, which was recently valued at $188 billion. The firm plans to add up to 30 late-stage startups by the end of the year and will provide margin loans against these holdings—a rare feature in private markets. Clear Street aims to bring greater transparency through dedicated research led by analyst Owen Lau. The move reflects growing demand for access to high-growth companies before they go public, as more firms like Databricks remain private longer. This trend has prompted Wall Street players such as Goldman Sachs to expand their offerings in the space. Clear Street itself paused its IPO plans earlier this year but remains cash-flow positive and is preparing for a potential listing in 2027.
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Topics: Clear Street Databricks pre-IPO investing private equity Silicon Valley